Loan defaults and frauds are the major reason behind unpaid loans in India today. The recent slowdown in the Indian economy, vanishing jobs and reduced employment opportunities in the country has led to a rise in the number of loan defaulters.
How lovely it would be if money were in abundance for all of us. But the matter of fact is that being abundance is very far, most of the times we have to face a lack of money. Whenever we… Continue Reading →
Basically a loan guarantor is someone who is legally liable to pay off the loan or the outstanding loan amount, in case if the primary applicant is unable to repay it. A guarantor can be anyone from your family, friends… Continue Reading →
All you need to know about what happens when a borrower fails to repay a loan.
Most of us know what a loan is and the benefits of the same. Also we all are smart to check if the loan we are availed with is the best one that suits our requirements. However, here is another… Continue Reading →